38 Albert St, Cranbrook is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 597m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
A smart buy in a high demand Cranbrook pocket.
For investors, this is already set up and working. Tenant in place with a lease secured through to November 2026, giving you immediate income and certainty from day one. The layout is exactly what the rental market wants with four bedrooms, a separate theatre, multiple living areas and a master with ensuite.
For first home buyers, this is a chance to secure a solid home now and move in later. The space is there, the floorplan works, and youve got time on your side while the property is tenanted.
The kitchen sits central to the home and flows straight out to an undercover entertaining area, making it practical for everyday living and easy to enjoy when the time comes.
Positioned on a large corner block with a double garage, 3m x 3m lockable shed and plenty of usable outdoor space.
Offers are invited in the mid $600,000s.
The size of Cranbrook is approximately 3.4 square kilometres. There are 6 parks, covering nearly 8.2% of the total area. The population of Cranbrook in 2016 was 5908 people. By 2021 the population was 5844 showing a population decline of 1.1% in the area during that time. The predominant age group in Cranbrook is 20-29 years. Households in Cranbrook are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cranbrook work in a professional occupation.In 2021, 63.70% of the homes in Cranbrook were owner-occupied compared with 65.10% in 2016.
Cranbrook has 2,704 properties. Over the last 5 years, Houses in Cranbrook have seen a 141.84% increase in median value, while Units have seen a 112.76% increase. As at 30 June 2026:
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